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Technology Stocks : Booking Holdings (formerly Priceline) -- Ignore unavailable to you. Want to Upgrade?

To: Victor Lazlo who wrote (2040)	11/29/1999 11:39:00 PM
From: PeterGx	Read Replies (1) \| Respond to of 2743

Victor - I agree that PCLN is a kind of a broker. Yet, not really. Priceline is no middle man - it does not extend the function of the producer. Instead, it acts as a conglomerate on behalf of the consumer, and that has not been possible until now. In addition, I do not agree 100% with you that brokers are dead - no way - they've just turned digital and adopted a different modus operandi, but the need for their essential services are greater than ever Who do you buy your stocks from, travel needs, computer supplies, etc.... groceries, airline tickets, electronic equipment, furniture, cars, services, college tuition, home, utilities, etc. : all things that Priceline can help you get your best deal on... and you'll save a bundle instead of lining the pockets of suppliers, because you had no bargaining venue (thus power). Priceline's model will bring further efficiencies to various markets, in the process earning economic rewards. ....... as to "You can bet your bottom dollar that as we trade messages here, some 20-year old kid at Stanford has begun the start-up co that is going to do pcln in for good. " I've been hearing that about YHOO, AMZN, DELL, and AOL for the last several years... Maybe it's true, but I won't bet anything on it (let alone my last dollar). A better place for my dollars is in PCLN equity (among others) Cheers!

To: Victor Lazlo who wrote (2040)	11/30/1999 11:47:00 PM
From: Pruguy	Read Replies (1) \| Respond to of 2743

your statement sums up very clearly to me why you don't get it...I don't mean just this company, but what the net delivers. It is not replacing anyones need for service. This is what you said : I see it differently. i see pcln as a broker. A middleman. Brokers have become the first and most obvious casualty of the web. You no longer need a stock BROKER. You no longer need a mortgage BROKER. You no longer need an antiques dealer. Soon you will not need a real estate BROKER. PCLN is a broker, and nothing more. It exists as an unnecessary layer of fat and expense in-between the seller and the buyer. And the web will not tolerate that for long I think is completely wrong. In fact, since I am in the financial services industry and I know how buisiness is, I know yo are wrong. Remember, a rising tide lifts all boats.